Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, whether he plans to extend the interest free period on Help To Buy Loans for leaseholders living in buildings with unsafe cladding.

The Government has announced a globally unprecedented investment in building safety and hundreds of thousands of leaseholders will be protected from the cost of replacing unsafe cladding on their homes

Government will provide grant funding worth over £5 billion for the removal of unsafe cladding on buildings over 18 metres.

Lower-rise buildings between 11 and 18 metres, with a lower risk to safety, will gain new protection from the costs of cladding removal through a generous new financing scheme. The Government is conscious of the need to make any financing scheme affordable for leaseholders. That is why we have said that any financing scheme will have a £50 a month cap.

We will publish more details on how these will work alongside existing funds (including the Building Safety Fund (BSF)) soon. There are no plans to extend the interest-free period on Help to Buy Equity Loans.